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Cable Update (GBPUSD)

  • #55,821
  • Feb 26, 2008 5:02am Feb 26, 2008 5:02am
Quoting bullrock
While you do this the GU just silentlly breaks every possible (imaginative or real) reistance....

LONG GU LONG!! BULL GU ROCKS
it looks like scalping for now ...this puppy can go anywhere
  • #55,822
  • Feb 26, 2008 5:03am Feb 26, 2008 5:03am
would someone please push cable to 9730 please?

thank you
  • #55,823
  • Feb 26, 2008 5:04am Feb 26, 2008 5:04am
Quoting nAVIN2007
are u in long or short?
it still didnt hit my SL at 9730 so im still short
i know i should've closed be4 at 9620 but im learning from my mistakes
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,824
  • Feb 26, 2008 5:04am Feb 26, 2008 5:04am
Quoting Ash
What is one to do when the wind is blowing from every direction? I guess wait until one get's to a WC.
.
  • #55,825
  • Feb 26, 2008 5:05am Feb 26, 2008 5:05am
Quoting camisa
would someone please push cable to 9730 please?

thank you
Would some one drag it down to 1.9300 ASAP?
  • #55,826
  • Feb 26, 2008 5:05am Feb 26, 2008 5:05am
Hey Shiva, you sounded as if that post was meant for you. No it wasn't, at least you posted a chart. We are buddies and you know it .
BTW, I turned my monitor up side down and sure it pointed south.
...still laughing.
Be like a postage stamp. Stick to one thing until you get there.
  • #55,827
  • Feb 26, 2008 5:07am Feb 26, 2008 5:07am
Quoting Ash
What is one to do when the wind is blowing from every direction? I guess wait until one get's to a WC.
Yes there is the wisdom. When you do not know what do, do not do anything. Simple as that. Worst case scenario? Your pants get wet.
.
  • #55,828
  • Feb 26, 2008 5:08am Feb 26, 2008 5:08am
Down Cable!
  • #55,829
  • Feb 26, 2008 5:09am Feb 26, 2008 5:09am
Quoting saintvalx
Hey Shiva, you sounded as if that post was meant for you. No it wasn't, at least you posted a chart. We are buddies and you know it .
BTW, I turned my monitor up side down and sure it pointed south.
...still laughing.
Val You're a nutcase
  • #55,830
  • Feb 26, 2008 5:11am Feb 26, 2008 5:11am
Quoting bullrock
Yes there is the wisdom. When you do not know what do, do not do anything. Simple as that. Worst case scenario? Your pants get wet.
Or travel along with an empty bottle.
Humble Lifetime Member
  • #55,831
  • Feb 26, 2008 5:11am Feb 26, 2008 5:11am
Quoting GSGill
Down Cable!
Iam still down and waiting. cable did every thing for upward but i think its time to down
  • #55,832
  • Feb 26, 2008 5:13am Feb 26, 2008 5:13am
Quoting Ash
Or travel along with an empty bottle.
You're such a pessimist Ash Its not an empty bottle, its a bottle ready to be filled!
  • #55,833
  • Feb 26, 2008 5:14am Feb 26, 2008 5:14am
5:30am GBP http://www.forexfactory.com/images/m...act_medium.gif Business Investment q/q (p)
http://www.forexfactory.com/images/m...etail_star.gif -0.5%
 1.0% 2.0%
7:00am GBP http://www.forexfactory.com/images/m...act_medium.gif CBI Distributive Trades Realized
http://www.forexfactory.com/images/m...dar_detail.gif -3
 2 4
Greeting everyone. can anybody explain these? thou GBP comes with bad data, its still can climb up to the north. Just wonder from green newbie.
  • #55,834
  • Feb 26, 2008 5:14am Feb 26, 2008 5:14am
Quoting tetis
Iam still down and waiting. cable did every thing for upward but i think its time to down
looks like PPI will trigger the movement either way cause technically we r in a Grey area.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,835
  • Feb 26, 2008 5:17am Feb 26, 2008 5:17am
new article is now posted

http://www.forexfactory.com/news.php?do=news&id=72035
  • #55,836
  • Feb 26, 2008 5:40am Feb 26, 2008 5:40am
I love beginning of this year with cable: when news for UK is pushing economy down, cable is going up, so logical

Maybe we should call it reversal market?
  • #55,837
  • Feb 26, 2008 5:44am Feb 26, 2008 5:44am
Quoting Ash
Or travel along with an empty bottle.
You are on roll ASH. I can see that..

To get serious. I would NOT go short. Not from here and not now. Cable seems strong... And BTW that is true for EU as well..
.
  • #55,838
  • Feb 26, 2008 5:45am Feb 26, 2008 5:45am
Quoting sDRs
I love beginning of this year with cable: when news for UK is pushing economy down, cable is going up, so logical

Maybe we should call it reversal market?
couldn't agree more
  • #55,839
  • Feb 26, 2008 5:46am Feb 26, 2008 5:46am
Quoting sDRs
I love beginning of this year with cable: when news for UK is pushing economy down, cable is going up, so logical

Maybe we should call it reversal market?
i realised quite early on, that technicals means much more than fundamentals over the short term..do what the chart say, it is crazy thou, the market is changing to suit scalping me feels
  • #55,840
  • Feb 26, 2008 5:47am Feb 26, 2008 5:47am
Quoting sDRs
I love beginning of this year with cable: when news for UK is pushing economy down, cable is going up, so logical

Maybe we should call it reversal market?
No, I think simply the market just overreacted the bad news and then the bad news werent so bad anymore that the market has expected so the GU became oversold and actually went up. There you go. Basically with news trading you have to be carefull WHAT ARE THE EXPECTATIONS. And also how the curve looks like and of course othe 7398213921 factors! Hope this helps.
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